Don't hold your coin on exchange for long time.

[george888055]

I would advice to use DEX (decentralized exchange). You get all the trading features of a 'regular' exchange, minus the risk.

[yohan09]

Yes, Since it is highly volatile we can't assure our assets will go forward, That's why we have to keep something for ourselves. If you think you already achieved the right amount of profit you may transfer your coins to offline storage to avoid possible hack and loss its value.

[ASHLIUSZ]

I agree with you, if we holding coin on the exchange will be many risks like coin hack, exchange stopped and other problems.
I recommendation use hardware wallet like ledger or trezor because of high security.
But you must keep the 24-word seed to recovery.

Even with the exchanges our funds were secure. For this we need to select the best exchange service, because one with the best reputation will never let their users get scammed or get into any security issues. Holding on exchanges and different trading platforms were good for daily traders.

[DonFacundo]

It depends to the exchanges if it is really secure exchanges like binance then it's ok to hold your coin on exchange, but ye it's better to hold the coins in your hardware wallet so it's 100% secure.

[ronsaldo]

I agree with your statements, Holding our coins for a long time in exchanges are not good because sometimes coins in exchanges are being delisted.

[Lazada]

If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.

That is very good information, because in fact it is the right thing. Holding coins with large amounts and a long time in an exchanger is a risky action. As it happened some time ago, there was an exchange that experienced a system failure. Security exchangers are successfully penetrated by hackers and in the end all users listed on the exchange lose all the money they have. This is the thing that is avoided, therefore we should be able to choose the best thing, save on a hardware wallet can be an option because it will avoid ourselves from losing the coin that we have.

[Panunggalan]

if this time as well as his coins in store first, in because bitcoin prices are now declining, if we sell now then we will lose a lot, if the store in the wallet of our coins will be safe safe.

[jerowacik]

Even a very short amount of time does still has risk. A large exchange hack could be a crushing blow even for the bull market

[panjul07]

I agree with your statements, Holding our coins for a long time in exchanges are not good because sometimes coins in exchanges are being delisted.

I believe the main reason of suggesting it is not about the deletion of the coin from the exchange. It is more about the safety purpose, we need to learn about big exchange got hacked or being a scam exchange. In this case, users cant do anything, but if there will be deletion then users will be allowed to withdraw the coins from the exchange to their own wallet.

[dewi91]

So what exchange that can be hacked by hacker,usually i hold some coin on bittrex,it is safe? I think yes,this exchange never getting hacked for a long time

Although bittrex has a high security system but is not mean bittrex will never getting hacker. Exchange is not Made for hold your coin for a long time, use exchange only for trading and hold your coins on your wallet. It's better to prevent from losses than you should feel regret when you really lose your money.  

[Rodeo02]

So what exchange that can be hacked by hacker,usually i hold some coin on bittrex,it is safe? I think yes,this exchange never getting hacked for a long time

Although bittrex has a high security system but is not mean bittrex will never getting hacker. Exchange is not Made for hold your coin for a long time, use exchange only for trading and hold your coins on your wallet. It's better to prevent from losses than you should feel regret when you really lose your money.  

True you can trust this for short term hold but for long term think wise for it and all the negative and positive that can ever be happen if you hold it for long in any coin exchange.

[mulukey]

if this time as well as his coins in store first, in because bitcoin prices are now declining, if we sell now then we will lose a lot, if the store in the wallet of our coins will be safe safe.

Keeping the coin for as long depends on the investment plan that you have set. Try to implement your investment plan as I think it is the key to your success because I have witnessed many successful patrons in implementing their principles and plans.

[hujanderas]

if your goal is to buy coins for long-term investments, better keep them in your personal wallet with full control of the private key, But if you want to make a profit by trading it, actually saving coins instead will be fine, just make sure all the features security is enabled.

[yanto@1977]

If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.

Mostly I agree with you but with different reason, most coin I have already sell after list on exchange because I need money to pay bill and for trading activity. As bounty hunter, become successful trader is my dream and payment from bounty task used for this purposes. Need fast fund make me never save ( hold ) coin too long, not to invest but for trade only.

[Getcoinsite]

you are right.but as a trader I need to hold coins/asset in my Exchange wallet.because for regular buy sell I need to kept asset into exchange wallet.I know its risky but without its,there are no ways for regular trader.

This is the hard thing for a traders because we need to have our coins in exchange that were using to be always ready incase theres a pumping happens in our coins because sometimes pump and dump takes only minutes and if youre late,then nothing comes to you.

Maybe whats good to do is just keep in exchange those coins that you use for daytrading,and those for long term goes to the storages and wallets

[otunayode]

Holding your coin in a reputable cryptocurrency exchange might not dangerous to the extent that you will lose part or all of your fund. There is a risk in everything just decide the amount of risk you can take!

[LSt56]

If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.

so true,
this is one way to keep our assets in a safe position. and we'd better keep our coins in purses that are really awake or even better using an offline wallet.

[lushlife]

I agree, for me it is much safer if you use hardware wallet.
What is hardware wallet? A hardware wallet is a special type of bitcoin wallet which stores the user's private keys in a secure hardware device.
Well it's not for free but it's worth it.

[arief89]

If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.

thanks for the information, because I also keep the coins in exchange, keep the coins in exchange for ease if I want to make a sale transaction. but if saving coins in a dangerous exchange then I will put the coin into my wallet again. .

[Lhaine]

If you wish to hold some coin then use exchange only for during exchange. Just exchange your coin and transfer on your personal wallet that you have controlled. Specially you can use hardware wallet.
Because many exchange hacked buy hacker. Many people loss their capital by hack.
So please don't hold your coin on exchange for long time.

Thank you for this. Now a days many hackers will come in crypto and im scared to lose my coin. I don't understand why there are a lot of lazy people, all they want is easy money and they hack other people's account just to get coin.